Donlin assays extend higher trends for Barrick
Barrick (TSX:ABX; NYSE:GOLD) has released results from the remaining 30% of the 2020 drilling program at the Donlin gold project in Alaska. Both the grade and thickness of the intercepts…
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Cantex hits more high grade massive sulphide at North Rackla
Cantex Mine Development (TSXV:CD) says drilling continues to define a high grade lead-zinc-silver system at the North Rackla project in Yukon. The system is said to have similarities to Broken…
$25M raised by Eloro for Iska Iska exploration in Bolivia
Eloro Resources (TSX-V:ELO; OTCQX:ELRRF; FSE:P2QM) has raised $25 million for mineral exploration in Bolivia by issuing 6.67 million units priced at $3.75 each. Each unit consists of one common share…
Wallbridge raising $17M for continued work at Fenelon
With potential to further advance the Fenelon gold project in Quebec, Wallbridge Mining Company (TSX:WM) has announced a bought deal financing worth $17.4 million. Proceeds are to be used exploration…
Kaz Minerals bidders up takeover bid to $5.5 billion
A consortium led by Kaz’s chairman Oleg Novachuk has raised its offer for the miner by 9%.
Piedmont Lithium closes US$122.5 million public offering
Piedmont Lithium (ASX: PLL) has closed a public offering worth US$122.5 million. The deal consists of 1.75 million American Depositary Shares (ADS), with each ADS representing 100 of the company’s ordinary…
Talon’s Tamarack could become the only high-grade nickel mine in the U.S., the company says
Within the next few years, Talon Metals’(TSX: TLO) Tamarack nickel-copper-cobalt project in Minnesota, 210 km north of Minneapolis and 89 km west of Duluth, could be the only source of high-grade…
Alrosa fetches $23.9m in three auctions
The world’s top diamond miner by output held three “special-size diamonds” auctions to celebrate its Jubilee Auction #100.
Trillium Gold bets on high-grade projects in Ontario’s Red Lake district
A year ago Russell Starr was senior vice president of corporate finance at Auryn Resources (now Fury Gold Mines) and slated to take charge of its Peruvian assets in a…
Falco updates feasibility on low cost Horne 5 gold project
Quebec-focused developer Falco Resources (TSXV: FPC) has released the results of an updated feasibility study on a development of the Horne 5 deposit below the historic Horne mine in the…
New Gold takes 14.9% stake in Talisker Resources
Canadian gold and copper producer New Gold (TSX: NGD; NYSE-AM: NGD) is acquiring a 14.9% interest in explorer Talisker Resources (TSX: TSK; US-OTC: TSKFF). Talisker holds a land package in…
Ghana terminates Resolute Mining’s Bibiani lease
Resolute Mining (LSE: RSG; ASX: RSG) is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated and the company was told to cease…